Consumers win if electricity production capacity remains high

There are many pundits writing about the U.S. electricity markets today who hope that their readers haven’t studied market behavior and competitive price formation. They want their readers or listeners to accept their narrative and believe that keeping struggling generators in the market will be a costly market intervention resulting in higher customer prices. The…

Environmental Defense Fund president has a fundamental misunderstanding of gas markets

Fred Krupp, the president of the Environmental Defense Fund (EDF), published a commentary in the Wall Street Journal titled How Local Utilities Gamed the Natural Gas Market. The article subtitle briefly explains his theory – They booked large orders and then cancelled at the last minute, which pushed electric prices up by 20%. Krupp’s commentary…

(Re-)Creating Nuclear Fuel Demand in East Asia

(Re-)Creating Nuclear Fuel Demand in East Asia

South Korea, Japan and Taiwan, three historically large markets for uranium and fuel cycle services, have been under siege by organized antinuclear opponents who have made the most from Fukushima to rally public support for their efforts. To paraphrase a cliché, nuclear energy opponents did not let an attention-getting crisis go to waste. As a…

Atomic Show #258 – Energy and the Modern State With Professor George Gonzales

Dr. George Gonzales is an energy-focused political scientist and professor at the University of Miami. He has written a number of books about the relationships between energy, the environment, international relations, and political decision making. His upcoming work is titled Energy and the Modern State; it is scheduled to be published in 2018. On this…

Long awaited DOE report on electricity markets and reliability

In April, Secretary of Energy Perry announced a 60 day study of current U.S. electricity markets with an emphasis on their effects on long term grid reliability, reliance and stability. That report was issued sometime around 10 pm yesterday. It’s a lengthy, detailed product backed up with data, charts, customer feedback, and expert input. Here’s…

Clean Nuclear Energy Handed Decisive Win In U.S. District Court

In July 2017, District Court Judge Manish Shah, U.S. District Court of Northern Illinois, handed a decisive victory to nuclear energy supporters and plant owners in a case that challenged Illinois’s right to choose the mix of fuels used to produce power inside its borders. The plaintiffs opposed the “Future Energy Jobs Act” recently passed…

Moon Jae-in Making Friends By Promising To Buy More Gas

During his successful campaign to become South Korea’s president, Moon Jae-in promised to dramatically increase South Korea’s natural gas consumption. Within weeks of taking office, he took several concrete steps towards fulfilling that promise. He announced the near-term closure of 10 coal plants, he allowed the operating license to expire as scheduled for South Korea’s…

Gas Interests Opposing U.S. Nuke Industry’s State-by-State Strategy

The nuclear industry’s strategy of working in individual U.S. states to obtain support for financially stressed plants has stalled. Despite successfully implemented efforts in New York and Illinois to provide assistance that is narrowly targeted at a handful of especially vulnerable units, no other state has been able to get a support measure out of…